In 2020, the Phu Tho Trade and Industry Promotion and Development Consultancy Center is expected to build four technical demonstration models; help 10 to 15 rural industrial establishments acquire advanced machinery and equipment; coordinate with local businesses to organize trade fairs featuring advantageous products and specialties of the province; support enterprises in applying e-commerce in their production and business activities; and promote energy efficiency. Nguyen Mai … [Read more...] about From wood processing to noodles: Phu Tho boosts rural industry
Advanced technology group
Take the case of Ms. Nguyen Thi Thanh Dung as an example. Giving up the job of a white-collar officer, she came back to her home in the suburban district of Cu Chi and started up a hi-tech orchid farm of her own. She spent months after months visiting successful orchid farms in the nation to gain more expertise and tips. Then she boldly applied for a preferential loan from her district to buy seeds as well as proper equipment. Thanks to implementing advanced technologies, she is able to save much overhead cost on her 15,000-square-meter farm while earning around VND200-300 million (approx. US$8,618 – 12,920) per month now. Presently, she is researching new automatic systems to spray pesticide for her trees. … [Read more...] about Hi-tech agriculture in HCMC enjoys promising results
In addition, the resolution points to actions including “studying and finalising financial mechanisms and raising special capital for investment in the development of the electricity industry”. The document further notes accelerating the roadmap for implementation of the competitive electricity market; the mechanism of direct power purchase agreement (DPPA) and sale contracts between producers and consumers; the bidding mechanism; auction of appropriate power supply (especially in the projects of investment in renewable energy and new energies); and transparent power purchase price. … [Read more...] about Energy strategy fit for private backers
APAC Realty invests S$1.5 million for 38% stake in ERA VietnamSupported by a team of 900 agents, ERA Vietnam has taken an estimated 20% share of Vietnam's project marketing sector within two years of its foundingERA Vietnam's turnover grew 75% and the franchise became profitable in its second year of operations (FY2019)Provides APAC Realty with access to Vietnam's thriving real estate market and fast-growing middle class of 33 million in 2019APAC Realty ventured into four major Southeast Asian real estate markets over the past 12 months: Indonesia, Thailand, Malaysia and Vietnam, as part of the Group's strategy to grow its business in some of the highest growth real estate markets in Asia … [Read more...] about APAC Realty Eyes Asia’s Top Property Hotspot with Strategic Investment in ERA Vietnam
According to iViVu CEO Nguyen Trung Cong, local consumers have provided the bedrock for robust development in the online travel sector. The market, however, remains dominated by foreign players. To boost the market share, local players need to provide something unique that shows a deep understanding of the domestic market and applies disruptive technologies. … [Read more...] about An internet economy: a golden treasure trove?